Prime Commercial Space in Waseda's Bustling Dining District

This commercial property is a turnkey restaurant space located on the first floor along Okuma-dori in Shinjuku Ward, Tokyo. The unit has a total exclusive area of 53.99 sqm (approximately 16.33 tsubo) and is situated in a 6-story SRC (steel-framed reinforced concrete) building constructed in December 1985. The space is offered as a vacant former Chinese restaurant with extensive, high-quality fixtures installed by the owner at a cost of over 10 million yen, making it a highly valuable opportunity. The asking price for the transfer of these fixtures is 1.8 million yen, negotiable. The space is equipped with city gas, air conditioning for cooling and heating, power supply, and a dedicated toilet.

Key features of the property include a complete kitchen setup with ducted direct exhaust, grease trap, dishwasher, freezer/refrigerator, sink, and beer server. Sub-leasing is not permitted. All business types are considered, subject to approval by the building's council of directors; however, late-night adult entertainment businesses or curry restaurants similar to others in the building may face difficulties. Free side-signage is available, and while not directly on the road surface, this signage offers visibility comparable to a roadside location. The unit has two entrances (main and rear service entrance), facilitating ventilation and compliance with COVID-19 measures. The location is a well-known spot on Okuma-dori, directly behind Waseda University, placing it in the heart of a vibrant student dining district with many restaurants. The area is known for famous ramen shops and 'Abura Soba' (oil noodle) establishments. The agent notes that there are relatively few yakiniku (Japanese BBQ) and popular Chinese restaurants in the immediate vicinity, presenting a potential opportunity.